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Hasbro Inc., a toy manufacturer, has the following data on its product Mr. Potato Head: Contribution Margin Transactions Cost Information Unit Selling Price of

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Hasbro Inc., a toy manufacturer, has the following data on its product Mr. Potato Head: Contribution Margin Transactions Cost Information Unit Selling Price of Mr. Potato Head Plastic for Manufacturing Mr. Potato Head Assembly Line Employee Wages (Each employee can produce 5 Mr. Potato Heads per hour) Utilities Cost $25.00 per unit $3.50 per unit $15.00 per hour $500.00 per month plus $1.00 per toy produced $1,500.00 per Manufacturing Equipment Depreciation Manufacturing Plant Rent Units Sold month $2,000.00 per month 6,700 With the information provided above, please complete Step 1, Step 2, and Step 3 for the month of July.

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